Ahasolar Technologies (BOM:543941) Net Cash per Share : ₹8.21 (As of Mar. 2024)

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What is Ahasolar Technologies Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Ahasolar Technologies's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹8.21.

The historical rank and industry rank for Ahasolar Technologies's Net Cash per Share or its related term are showing as below:

BOM:543941' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 44.16 Med: 52.56 Max: 52.56
Current: 44.16

During the past 5 years, the highest Price-to-Net-Cash Ratio of Ahasolar Technologies was 52.56. The lowest was 44.16. And the median was 52.56.

BOM:543941's Price-to-Net-Cash is not ranked
in the Software industry.
Industry Median: 8.295 vs BOM:543941: 44.16

Ahasolar Technologies Net Cash per Share Historical Data

The historical data trend for Ahasolar Technologies's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ahasolar Technologies Net Cash per Share Chart

Ahasolar Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Net Cash per Share

-4.41

-2.07

-4.40

-2.35

8.21

Ahasolar Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Net Cash per Share	-4.41	-2.07	-4.40	-2.35	8.21

Competitive Comparison of Ahasolar Technologies's Net Cash per Share

For the Software - Application subindustry, Ahasolar Technologies's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ahasolar Technologies's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Ahasolar Technologies's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Ahasolar Technologies's Price-to-Net-Cash falls into.

Ahasolar Technologies Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Ahasolar Technologies's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

	Net Cash per Share (A: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(42.318	-	17.015	-	0)	/	3.08229
=	8.21

Ahasolar Technologies's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

	Net Cash per Share (Q: Mar. 2024 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(42.318	-	17.015	-	0)	/	3.08229
=	8.21

Ahasolar Technologies (BOM:543941) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.

Ahasolar Technologies Net Cash per Share Related Terms

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Ahasolar Technologies (BOM:543941) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ahasolar Technologies Ltd (BOM:543941) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sattadhar Cross Road, Office No. 207, Kalasagar Shopping Hub, Opposite Saibaba Temple, Ghatlodiya, Ahmedabad, GJ, IND, 380061

Website

https://www.ahasolar.in

Ahasolar Technologies Ltd is engaged in the business of Cleantech enabling Energy Transition through Digital Transformation and henceforth empowering stakeholders to adopt renewable energy. Its primary focus in renewable energy has been in the solar industry and to cater to it the company developed an AI-based intelligent Solar Digital Platform. It has developed Software as a Service (SaaS) products for solar companies to streamline the processes, design PV, do project management, and monitor generation along with an integrated Marketplace to connect the demand & supply digitally. The company's core businesses are Solar Software Services, Solar Marketplace, and Solar Advisory and Consultancy services.

Ahasolar Technologies (BOM:543941) Headlines

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